Tag Archives: sanctions

Ha ha. What former finance minister Alexey Kudrin thinks is a bug is actually a feature.Sanctions will result in Russia having to rely one its power as a sovereign currency issuer, which it should have been using from day one. According to ex-minister, the country will be forced to widen the use of the national currency in payments. "This sanctions story creates huge risks for transactions in more stable currencies. This will trigger the use of the ruble even if it turns out more...

Sanctions-buster? The anonymity of a cryptocurrency also provides Russia with a tremendous opportunity to circumvent sanctions. As Handelsblatt reports, the CIA has already expressed suspicion that Russia’s interest in the matter may be related to this. The Director General of the Russian e-money system, Qiwi Sergej Solonin, sees at least the possibility that the CryptoRuble could provide a replacement to the international banking transaction system Swift. The disconnection of Russia from...

Russian ex-pat Leonid Bershidsky is blowing holes through Western narratives that are out of touch with Russian reality and heavily influenced by Western russophobia. This raises the question of whether the current Western sanctions against Russia strike at the heart of the Russian system or merely pretend to do so. Since the sanctions were introduced, no Western government has made a meaningful effort to investigate the provenance of hundreds of billions of dollars in Russian offshore...

I do not like the direction in which our society is travelling.From a joint statement by several Christian churches, published in the Methodist Times in October: In March this year, the Churches published a report showing that nearly 100,000 children had been affected by sanctions in 2014 alone and that people with mental health problems were being sanctioned at a rate of more than 100 per day.  Seriously? 100,000 children are affected by sanctions imposed on their parents? Let us...